Filed February 28, 2022
| Provider | Service type | Compensation |
|---|---|---|
LOCKTON INVESTMENT ADVISORS, LLC2+ years Service code 16 · EIN 20-8874282 | Consulting | $42,500 |
Service code 37 · EIN 04-2647786 | Loan Processing | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $111,961 | $82,279+36.1% | $78,002+43.5% | $63,975+75.0% |
| Participation rate | 99.1% | 84.7%+14.4pp | 75.5%+23.6pp | 71.1%+28.0pp |
| Annual return | 7.83% | 11.20%-3.4pp | 425.99%-418.2pp | 48.65%-40.8pp |
| Employer contribution / active EE | $10,180 | $3,297+208.8% | $2,470+312.1% | $2,182+366.6% |
| Participant deferral / active EE | $8,797 | $4,538+93.8% | $3,497+151.6% | $3,356+162.1% |
| Admin fee / account holder | -$69 | $81-185.3% | $5,481-101.3% | $70-198.6% |